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bharrat jagdeo

narco-gangster palace

bharrat jagdeo say he likes little girls. you believe him?

bharrat jagdeo dancing with a little girl

fling it pon meh gyal fling it pon me – yes folks this is the president of Guyana carrying on with a lil gyal

jagdeo signing the sexual offences bill in guyana

jagdeo signing the sexual offences bill in front of a set of school girls. this same bill may one day send him to jail dec 6 2010. priya manickchand looks on. fat man with pen is vic persaud, protocol officer in office of the dictator. jaggie most trusted bodyguard behind him

varshnie singh and bharrat jagdeo

you too old fuh me woman. yuh know duh right? should i kill you now or 5 minutes from now you bastard¿

bharrat jagdeo is on his back foot as wikileaks comes closer and closer to home.we’ve been told by office of the dictator insiders that jagdeo is very close to wearing pampers as he almost shit-up h eskin when the news of the first cable break. [that one dealing with his cousin roger khan, desi bouterse and racheid doehkie]

don’t worry jagbamzee there will be more cables and more opportunities for you to select your pamper size

today in a startling admission before officers of the Guyana Defence Force the president of Guyana admitted that he likes little girls.

we already know that jagdeo [cousin of roger khan]

remember this is the same jagdeo that made much ado about signing the sexual offences bill with priya manickchand

sometimes these things just have a way of coming back and biting yuh in de ass

just ask baby doc duvalier

bharrat jagdeo dancing in the streets

bharrat jagdeo getting his freak on. big man with fancy colour shirt, bald head man left head down man right partially hidden in black shirt are presidential guards. clique on picture

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Discussion

78 thoughts on “bharrat jagdeo

  1. Jag de hoe is only pretending.The man—- i mean girl is a fag.Even Joey said it on radio in NY a few years ago.Jag had an African fellow student as his man while they were students in Russia,Both jag de hoe and kwamie are batty boys.Varshnie was used as a tool to deflect his true sexual orientation.Jag still meets his old African boy friend and his other man in Queens New York.

    Publisher i implore you to call Joey Jagan to confirm his interview on a New york radio station a few years ago.A certain guyanese lawyer and two other people were on the discussion panel.

    Posted by cuffy777 | January 26, 2011, 8:40 pm
  2. Nah. The fat fuck in the grey suit with the pen is a criminal name vic persaud chief of protocol in the office of the president. He is the facilitator of the diplomatic runnings; People with false documents leaving Timehri as diplomats through the diplomatic lounge and switch passport on the plane. or body strapped with drugs. He is a convenient relic from the pnc era. When the time comes, he is one that certainly qualifies for several decades behind bars.

    Posted by Freedom house guard | January 26, 2011, 9:06 pm
  3. ahhhhh vickie
    always drinkin an sportin in orange walk
    gracias

    Posted by nelly avila moreno | January 27, 2011, 11:58 am
  4. Frank Anthony is the faggot.

    Posted by shaun | February 1, 2011, 5:12 pm
  5. The DEA, FBI and IRS are INVESTIGATING “TOWER COCAINE IN TILAPIA HOTEL” and JAMES COCAINE IN TILAPIA MANBAHAL.

    Posted by Tony | February 26, 2011, 12:49 pm
  6. Bharrat Jagdeo is a homosexual. He limes with dougla girls to prove that he is not a faggot. He pays the girls to hang out with him.
    His sex partners are Dr.ramroop, Manniram Prashad, Brian Yong and Dr. Coby Fripong.
    He loves to suck dicks especially big ones.

    Posted by Avinash | February 26, 2011, 2:19 pm
  7. dem man fuck barrat

    Posted by renny kevin | May 4, 2011, 3:03 pm
  8. i hear Jag get a big asshole…………. my friend fuck Frank….. the boy is a Unit Leader with PYARG

    Posted by Cock man | May 16, 2011, 3:15 pm
  9. PLEASE BE ADVISED THAT THE REAL ESTATE THIEF ed ahmad WAS denied permission to Travel to Guyana to Visit his Girlfriend Jagdeeshri…he also claimed in court today that he is personal FRIEND OF THE PRESIDENT OF GUYANA ..this thief Ahmad is trying to run ..please note also that the properties that he put up for Bail does not have any equity , he does not own a Fancy Car Anymore he sold it for 100K a few months ago ..definitely he will make a perfect hen in prison

    Posted by David | July 29, 2011, 3:48 pm
    • more details would be helpful. thanks for checking in with updates

      Posted by el che | July 29, 2011, 3:54 pm
    • David, we all try to be successful in life, and Ahmad seems to be a man who tries to develop himself, I do hope that he does not end up in prison and that he should try to sort out his business and desist from situation that could cause him problems, I think he is extremely handsome and I would hope that he does not end up in prison.

      Posted by observer | September 3, 2011, 2:21 am
  10. wow all you fag or non fag really love the president of guyana to spend so much time talking about him

    Posted by fry | November 29, 2011, 10:17 pm
  11. I BUGGA JAGDEO, KWAME. MANNY, BOBBY RAMROOP. THEY PAY TO BUGGA THEM.

    Posted by AUBREY | January 28, 2012, 5:10 pm
  12. I find the language very distasteful.

    Posted by James Anthony | February 10, 2012, 5:28 am
  13. FAGDEO, KWAME,MANNY, BOBBY RAMROOP are ALL BUGGA BATTIE ANTIMEN with AIDS, they HAVE BUGGA PARTIES with SCHOOLBOYS.

    Posted by PAM | March 17, 2012, 9:41 am
  14. fuck alll ayo

    Posted by sahid | April 3, 2012, 11:01 am
  15. “Has the world gone mad”

    Posted by Ezio Auditore | May 14, 2012, 10:47 am
  16. NUFF A YAL WA TALKING THAT BARRAT A GAL ANTIMAN WHT EVA I KNOW HE WILL FUCK NUFF A YAL…..

    Posted by james | July 30, 2012, 10:02 pm
  17. ANTIMAN JAGDEO LIKE SUCK CACK AND TEK BUGGA.

    Posted by Farouk@yahoo.com | September 22, 2012, 2:26 pm
  18. very nice. the queen loves you all.

    Posted by ddog | October 5, 2012, 5:05 pm
  19. hey renny kevin, yu can sen u sun ova ot de reverend…e sound like e can set im strait, not like them otha reverends .

    Posted by ddog | October 5, 2012, 7:06 pm
  20. I am seeing this blog for the first time. WOW! whilst some of you have some facts, That’s not the whole story. Look at my avatar. it has three sides. yours, mine and the truth. I also have testimonials on who supplied jagdeo’s brazilian women at castellani house compound. How much they were paid and what a good time they say they had! I also know whose wives visited State House alone and were let in without security checks. Hey even jesus surrounded himself with adoreing male sycophants. But that doesn’t curse him beyond redemption…seems we need to refocus on the real issues.

    Posted by barbados1956 | October 25, 2012, 1:04 pm
  21. seems like the pink dollars a run things in Guyana as it does in the UK. The Taliban can do a better job than the pres of Guyana

    Posted by Sydney | January 17, 2013, 9:40 pm
  22. again a man been a youg professinal working years after years save his money , ggot a million US from the UN changed such and got 200 000 000 now a house like that worth that, now huges have so much houses and lands, now he paid the GRA 5 000 000 in taxes that not half, we need to understand taht mosses get 1 200 000 a month, grangers get 120 000 from his pension scheme, pluse now a whoppinng 1 500 000 for been a opposition and plus a guard, duty freee every three years, so is mooses come on let me talk more nnnnaaaa you see fa your self…

    Posted by youngrevolt | January 19, 2013, 2:17 pm
  23. if you get a man like benschop in the parliamnet the mooses you are a crimainal, come on demons, you no that you are a criminal, a now the afc the peace let me tell you people of guyanan a man like huges when he represent a case a saw a case in cotton rtree village where the farmer trying to sue the mma the people who gave them water for their crops, wondering if the afc can do better an d if so does the huges getting a cut from the money, al the farmer at cotton tree are the one need to protect there land but tyen again does farnmers pay taxes, i need the gra to cogo to cotton and do a auditting and get all those people to pay there taxes, at the end of the day tax payer money going to repay them…

    Posted by youngrevolt | January 19, 2013, 2:22 pm
  24. Guyanese ppl are in an abusive relationship with their country. No food, no jobs, no proper school system, no proper social system just mental abuses and promises to change, but yet Guyanese love this disgraceful Guyana. It is what it is. Why should Guyana change when it is quite accepted by Guyanese the way it is. It’s like a man beating a woman…if she is still there then why change…maybe she likes it or she has no other choice and that’s where the abuse comes in. Guyanese who can’t get out of Guyana has to put up, shut up or get killed.

    Posted by Sydney | May 12, 2013, 2:20 pm
    • Guyana is progressing Squidward!! 65,000 new registrations of motor vehicles in less than 5 years. Diamond, Grove, La Parfait Harmonie and Tuschen are growing villages. The skyline of GT is changing from wooden 3 storey buildings to state of the art 6-8 storey buildings. Marriott Hotel is almost completed and the infrastructure of Guyana’s roadways are upgraded to a 4 lane thoroughfare. I bet you are one of those in the Diaspora who can’t afford to own a car or own a home in Jewmerica. You should thank the black man Obama for the food stamps and Medicare. Guyanese don’t go to dollar stores for bargain.
      Too bad you can’t afford the bus fare to the airport to come back to Guyana loser! The opposition is peddling their bullshit around the Diaspora. If we Guyanese are poor, why are 10,000 vehicles being sold and registered every year? And house lots are selling like hotcakes! We Guyanese deh good! Go and study about the rent you owe this month to the Jewish landlord you debt slave!!!

      Posted by PPP/C run things | May 13, 2013, 7:45 pm
  25. ask Bharrat about Paulie from Barr Street kitty…

    Posted by john smith | September 17, 2013, 10:37 am
  26. What De rass?? Ayo leave ppl and their fancy lives.. work and build your own..

    Posted by DDL Guyana | October 16, 2013, 9:41 am
  27. jagdeo sucking a lot of people wife and daughter…..chandini rambalack was one of them….oh in that picture with jagdeo signing the sexual offence bill….the fucker @ the back of him ( bodyguard) his name is Mcpherson…he and wesford does fuck….how the parliamentary opposition dnt investigate wahat is going with wesford ministry….she employed two presidential guard on a patrimely basis. they are Mcpherson and purai…these two chaps receive more than what they receive @ the presidential guard plus duty free concession and they doesn’t meet that criteria. I guess because purai does fuck jagdeo drunking sister shanta.

    Posted by watch dog for the poor | October 27, 2013, 8:58 pm
  28. yo…uncle paul the biggest drugs lord in Guyana….supplied all the cement and trowel text to bugarat jagdeo when he was building pradoville 2 house. I have the info from an ex presidential guard who is in the states living happily.

    Posted by watch dog for the poor | October 30, 2013, 9:45 pm
    • EDUL AHMAD REAL ESTATE CROOK STOLE $300M from POOR PEOPLE gave FAGDEO the BIGGEST ANTIMAN in GAYANA THE MATERIALS FOR HIS HOME IN PRADOVILLE ANTIMAN JAgdeo GAVE ED AHMAD LEONORA ESTATE .

      Posted by BODYGUARD | December 21, 2013, 11:58 am
  29. He under minding President D.R

    Posted by Kumar | December 23, 2013, 3:14 am
  30. De man is a rich champion of the Dirt

    Posted by Earth of the Dirt | December 23, 2013, 6:29 am
  31. If Batty men can ,command Authorities in G/Y,then what kind of real men living in that Country, them like baby Toys.

    Posted by G/T Times | February 20, 2014, 10:07 am
  32. The Govt administration’s are a bunch of Quack.

    Posted by marksingh | February 26, 2014, 6:04 pm
    • i heard that brazzy, babby, barrat, and kwame does keep bikini pool party in florida… only thing is that there ain’t no girls… :D

      Posted by siva 6 the woozie killer | March 18, 2014, 2:19 pm
  33. Stabroek News MARCH 24, 2014 · BY STAFF WRITER ·

    Airbrushing

    In last Monday’s editorial `Pass this bill’ Stabroek News argued that it was time for the groups in Parliament to reach a compromise on the passage of the anti-money laundering bill as there was a growing risk of financial sanctions hitting the ordinary woman and man.

    The point was made that for all of the gnashing of its teeth over this bill, the PPP was being grossly hypocritical as it had had several years with a clear parliamentary majority to pilot the enhanced measures necessary and nearly two years in the last Jagdeo administration when there were explicit warnings from the Caribbean Financial Action Task Force that non-compliance could result in dire consequences.

    Further, the editorial went on to say that the period 2003 to 2011 would come to be recorded as “one of the darkest and replete with the most egregious crimes that the AML/CFT bill is seeking to counter. During this period, there is little doubt that rampant money-laundering and the financing of terrorism was occurring in the shadowy activities of the several death squads and the unrestrained activities of convicted drug lord Roger Khan, who was bold enough to state that he had assisted the Jagdeo administration in fighting the crime wave triggered by the 2002 prison escapees. It is a period that will undoubtedly require careful examination of why there was a failure across the board to detect these activities.”

    It would appear that this passage in the editorial hit a raw nerve at Freedom House, or more precisely, in the camp of former President Jagdeo as the PPP went into overdrive accusing the newspaper of an attempt to tarnish the “character and successes of the former Bharrat Jagdeo administration”. The statement by Freedom House points to an increasingly frenetic proxy campaign for Mr Jagdeo either for reasons of his international image or for domestic purposes. Time will tell which one it is.

    Suffice to say, the editorial had nothing to do with the “character” or “successes” of the Jagdeo administration. Why Freedom House would reel off a compendium of his achievements is perplexing as the editorial did not address the record of Mr Jagdeo’s entire presidency. That would be an exhaustive undertaking too onerous for these columns. Yet Freedom House was moved to argue that “The reality is that Guyana has been placed on the relevant pathway to economic development since, development projects under the Jagdeo Administration continue to impact positively on the daily lives of its citizens.”

    While many of the items on the Freedom House list are questionable in terms of their impact, success and propriety, there was one notable omission which would unbalance the cloying hagiography: the fate of the sugar industry. Indeed, the sugar industry was brought to its knees progressively and patently during the 12-year tenure by Mr Jagdeo, highlighted by the no doubt well-intentioned but gigantic failure at the Skeldon factory. Mr Jagdeo takes the major credit for that project. However, as stated before, the total record of Mr Jagdeo is for another occasion.

    What is being examined are the actions of the Jagdeo administration that culminated in the manifestation of criminality in its grossest forms. Unfor-tunately for Freedom House, its statement was its worst enemy. The PPP statement opined that the “darkest” period referred to by Stabroek News was triggered by the February 23, 2002 Mash Day jail break and the beginning of a reign of terror in Guyana by criminals. It added that it was during that period the criminal gang of Rondell `Fineman’ Rawlins shot and killed 11 law-abiding citizens including children at Lusignan, 12 persons in Bartica and eight miners who were working to make an honest living at Lindo Creek. The pinning of all three of these massacres on one gang is simplistic and questionable but that, too, is a matter for another occasion.

    The breakout from prison was indeed the catalyst for the crime of that period but what cannot be ignored is that a full decade earlier, the PPP/C had been repeatedly warned that security reforms were desperately needed to professionalize the police force, strip away corruption, improve intelligence gathering capabilities and heighten the all-round capacity of the joint services to battle serious crime. These calls went unheeded as the PPP/C was too consumed with wanting to control the police force to permit a revamping. Former President Jagdeo assumed the presidency in 1999 and did nothing to alter that equation despite the fact that the Symonds Report of 2000 – the author of which is now assisting with limited police reforms – had recommended sweeping changes.

    So when the notorious five broke out of Camp Street on Mashramani Day 2002 with the intent to cause maximum mayhem, the Jagdeo administration was caught completely flat-footed. It had no answer to the daily carnage. The police force was without adequate leadership, morale was low, ranks were outgunned and not motivated. No solution worked and several key Joint Services operations were compromised by infiltration.

    This was when the criminalizing of the state began in earnest. Those who felt threatened by the marauders, many of them in the drug trade and in the deep underworld mobilized themselves and offered their services to those in authority. They conducted their own operations unimpeded by the security forces and when bullet-riddled bodies were discovered there would be knowing looks of unknowing. The term `phantom’ gang was of the Jagdeo administration’s coinage and the unrelenting allegations of connections between death squads and then Home Affairs Minister Gajraj brought the matter into sharp focus.

    Into this cauldron, the activities of convicted drug lord Roger Khan became known to all and he would years later seek to stave off apprehension by the local police in relation to the theft of arms from Camp Ayanganna on the grounds that he had helped to beat back the criminals who were rampaging along the coast. Much earlier in the rampage Khan had been nabbed red-handed with electronic eavesdropping equipment and weaponry by alert GDF intelligence ranks in the midst of one of his crime fighting operations. After much hemming and hawing he was charged but like with many other sensitive, clear-cut cases, the charges against him were thrown out and he continued with his operations unimpeded. There have been credible reports that Khan was well-connected with government officials and on one occasion was seen on the premises of the Office of the President. His interconnections with crime, vigilantism and officials of the Jagdeo administration require an investigation of the order of the Commission of Inquiry that will soon embark on an examination of the killing of Dr Walter Rodney.

    The PPP statement also went on to say that “Stabroek News must prove beyond reasonable doubt that during the 2003 to 2011 period; `rampant money laundering and financing of terrorism was evident around that time.’ Rather than engaging in scandalous and vexatious allegations, the Stabroek News must come clean and provide the evidence in its pages”. The guilty plea of Roger Khan in a US court to the shipping of drugs to the US, the conviction of others in foreign jurisdictions and the constant interception of drugs from Guyana in various parts of the world provide the starkest evidence of what the PPP seeks. The recruiting and financing of death squads by enforcers and drug lords for political and other purposes would also fall into the categories that the Anti-Money Laundering/Countering the Financing of Terrorism (Amendment) Bill is seeking to fight.

    There is only one other point in the PPP statement worth exposing, that is the claim that upon the death of `Fineman’ in August of 2008 the government “embarked on national consultations aimed at reforming the Guyana Police Force.” This is absolute piffle as the comprehensive report of the Disciplined Forces Commission (DFC) had been delivered in 2003 and not implemented. So derelict was the government in this respect that it is still today trying to address some of the key DFC recommendations and the Minister of Home Affairs is well into the second year of another supposed set of reforms which are still to yield results. Any consultations held after the death of `Fineman’ would merely have been for the purpose of throwing up a smokescreen.

    It remains the case that the PPP/C continues to toy with security reform and the operational readiness of the police force. The force remains in dire need of professionalizing and this grave lack will not be aided by airbrushing former President Jagdeo’s record.

    Posted by mark | March 28, 2014, 8:03 pm
  34. Does the PPP honestly believe it is innocent or is it a deranged group?

    MARCH 26, 2014 | BY KNEWS | FILED UNDER FEATURES / COLUMNISTS, FREDDIE KISSOON

    Every year I would publish an analytical review of world politics. I did so for 2013 but it was never printed. And that is because I never submitted it. On the occasion when I was about to send it, Guyana’s depraved exercise in power got in the way. It has been like that for many other columns.
    I did a review of a new book on Guyanese history that painted a pro-PPP position on the troubles of the sixties but never submitted it. The runaway train of depraved power got in the way. I rushed to my keyboard and analyzed a piece of mouthing-off by Mr. Jagdeo in Essequibo at a PPP meeting to celebrate twenty years in power in which he said he, Jagdeo, took away the young lover of a certain media owner in Guyana. I didn’t get the opportunity to send it off.
    Recently, I looked at the inherent weakness of an observation by a certain weekly independent columnist in another newspaper in which he opined that the RACE thing exists in all countries, so why do we concentrate so obsessively on it in Guyana. It ended up lost somewhere on my hard drive.
    This week for sure, I will look at Fazil Khan.
    The reason why these columns remain invisible is because of the tsunami of power madness that gets in the way, so I rush to do another column on matters that need more attention. There is no letting up. Every day the Government of Guyana or the PPP does something that is so awful, so terrible, so undemocratic, that you have no time to publish an article on world politics or review a book on Guyanese history.
    The exigency demands that you look at these waterfalls of political depravities.
    Today’s column should have been on the need for Guyana to suffer the consequences of the sanctions for the anti-money laundering lapse, so it can drive home to Guyanese that they have to be less self-destructive and confront their heartless government on the desire for good governance. But here I am doing a different column.
    And it was motivated by the anger generated in me when I read a statement by the PPP rejecting an editorial by the Stabroek News, in which it opined that Mr. Jagdeo presided over some of the most disturbing periods in modern Guyanese history.
    Unbelievable would be the adjective that would come out of the mouth of anyone who read the PPP reaction. The PPP let Stabroek News know that the more troubling days in Guyana’s history were under the Burnham Government and it cited Walter Rodney and Father Darke’s murders, and the shooting death of two protestors during the 1973 general elections.
    As you read this sickening denial of the PPP horror story since 1999 and including the reign of Mr. Ramotar, you wonder to yourself; are these people sick? Do they know what they have done since 1992 to this country? It is impossible not to ask yourself if the PPP is not a psychotic organization, in that it lives outside the mainstream of reality.
    How can a government be in power for twenty-two years, in which time, people were remanded for long periods for treason and sedition; people hauled before the courts for libel; people murdered in suspicious circumstances, including a Minister, and directions point to a centralized hand; attempts made on the life of critics; the press hounded down; civil servants dismissed under circumstances even the colonial government would find too tyrannical.
    I could go on and the examples would fill volumes of books, not just newspaper columns, but my concern is not the mountains of depraved and abominable acts of tyranny committed against democracy in Guyana by the PPP since Mr. Jagdeo became president. There has been the constant need by the PPP to publicize the sins of the Burnham Government, with the specific desire to fool Guyanese into thinking that Mr. Burnham was the bad guy and Mr. Jagdeo was the good sermonizer.
    Two questions face you in dealing with this macabre situation. One is that the PPP is truly a psychologically-wrecked collective. It has no mental awareness that it has been and is a terrible government, the members of which cannot avoid prosecution if the PPP loses power. The second one is that the PPP is fully aware that it has virtually collapsed, has lost all moral standing in the eyes of the world, and its only hope is that in telling the young population of Guyana that the PNC is the bad guy, it can survive in the future. I doubt it.

    Posted by mark | March 28, 2014, 8:13 pm
  35. ANTIMAN BHARAT RAMROOP ANTIMAN BOBBY JAGDEO ANTIMAN KAWAME ANTIMAN MANNY STOP SPREADING AIDS IN GAYANA>

    Posted by ExCANU | March 29, 2014, 12:34 pm
  36. Dem boys seh…Bobby and Jagdeo frighten
    MARCH 30, 2014 | BY KNEWS | FILED UNDER DEM BOYS SEH, FEATURES / COLUMNISTS, NEWS
    Guyana beginning to look and sound crooked. Dem boys flying in a plane and dem see how shape change. One man seh that it tek de face of Jagdeo, another seh that de centre look like Brazzy belly and dem boys seh that de tail part look shaat like Bobby.
    That happen because of de airwaves and since all de crooks flying in de air. Jagdeo give away half of Guyana after he done tek half fuh heself and he friends and family.
    One quarter he give to de Chinese and de other quarter he give to de Brazilians. De real Guyanese, coolie and black man, ain’t lef wid one S*&$##. De last thing he give way was de airwaves. He try fuh give way de sky but he find out that de sky belong to de Creatah.
    He do all that to Guyana and he got de nerve fuh try to guh back in de chair. Dem boys got a message fuh he. Dem wouldn’t rest until he and Brazzy and all of dem see de jail door. He never allow de DEA and de FBI because he know that he and all ee friends woulda done deh in jail because of wha dem people woulda done pick up. He only delay destiny.
    Donald allow dem fuh come in but dem nah set up office yet. Dem deh all over de place. Some of dem wukking wid Bobby and he nah know. That is why de other day when he loss he office key he didn’t realize that de Feds did want to search he office.
    Dem boys would like to know wha dem find and how much dem see wha Jagdeo really own in Bobby business. Bobby change de lock in he office but by then de Feds did done get wha dem want.
    Now Bobby distressed and Jagdeo worried over that. But Donald seh that if you nah do nutten you nah got fuh frighten anything. But Bobby and Jagdeo frighten.
    Talk half and look out fuh de arrest.

    Posted by mark | March 30, 2014, 12:21 pm
  37. Jagdeo ‘drools with renewed hunger’ for high office

    MARCH 31, 2014 | BY KNEWS | FILED UNDER NEWS

    …had set in motion a two pronged strategy to regain power – Ramkarran
    “Party stalwarts were retired, removed or sidelined…Independent voices were driven out…The newcomers, enticed with career opportunities…easily fell in line…”

    Former Executive Member of the Peoples Progressive Party (PPP) Senior Counsel, Ralph Ramkarran delivered a stark warning to Head of State, Donald Ramotar, while suggesting that former President Bharrat Jagdeo is attempting to scheme his way back into power.
    In his most recent writings on his conversationtree.org outlet.
    Ramkarran first alluded to an article in the Guyana Times, which said that the Opposition had caused a poll to be conducted last month which found that “former President Bharrat Jagdeo would be the most formidable candidate that the Opposition parties…could face in any upcoming general elections.”
    Former PPP stalwart, Ralph Ramkarran
    Former PPP stalwart, Ralph Ramkarran1
    He noted that the following day, the state-owned Guyana Chronicle carried a similar front page headline: “Jagdeo favoured as PPP’s presidential candidate” in an Opposition poll.
    Both the Alliance for Change and A Partnership for National Unity have denied any such poll.
    Ramkarran noted that the publications in the newspapers belie Jagdeo’s protestations that he is not interested in a third term.
    “This new campaign was no doubt inspired by talk of a landslide victory if he had been the candidate in 2011, and if he is now the candidate.”
    Ramkarran recalled too that an expensive campaign calling for a third term was also put together in 2010 which only fizzled out when the then General Secretary, Donald Ramotar, took a stand against a third term.
    According to Ramkarran, now that elections appear to be on the horizon Jagdeo is “beginning to drool with renewed ambition and hunger for high office.”
    From the time he settled in to the Presidency and realized its potential to elevate him to ‘greatness’ and wealth (by saving), Jagdeo set in motion a two pronged strategy, Ramkarran says.
    The former executive member of the party said that Jagdeo, while in office began to nurture and encourage a group of business people, many of whom expanded through opportunities available from state contracts and other linkages, into massive and still growing conglomerates.
    “Today, crony capitalism has taken root in Guyana in a big way.”
    Ramkarran opines that the group of businessmen is personally loyal to Jagdeo and displays nominal loyalty to the PPP “but some are now quietly establishing or renewing links with the Opposition.”
    Former President Bharrat Jagdeo
    Former President Bharrat Jagdeo
    According to Ramkarran the second limb of Jagdeo’s plan was to break down any independent thinking and resistance to himself from the leadership of the PPP.
    “Party stalwarts were retired, removed or sidelined…Independent voices were driven out, stilled or subverted…The newcomers, enticed with career opportunities and devoid of ideological commitment or political history, easily fell in line and learnt that exaggerated and sycophantic displays of loyalty offered security of tenure and protection, albeit limited, from the great man’s rages.”
    Ramkarran noted that unfortunately, the core leadership of the PPP unwittingly succumbed in the early stages of the plans, not realizing their implications.
    “Worse, even after the Party realized their purport, they went along, seeing only short term advantages and not the big picture.”
    According to Ramkarran, the party leadership certainly did not recognize that the ambitions of Jagdeo, who was soon to leave office, could not be contained.
    “The 2011 elections revealed the extent of the damage to the Party.”
    According to Ramkarran, the open campaign for a third term, the direct challenge to President Ramotar and his leadership and the attempt to deprive him of a second term, whether of a minority government or not, were nevertheless exposed by the two publications.
    He posits that Jagdeo “can only succeed if he divides the Party which he clearly has no qualms in doing.” Ramkarran says that he can make bold to raise this direct challenge because, although President Ramotar recognizes the need to curb his influence, he has taken no decisive action to do so.
    “President Ramotar is now paying the price for inaction, which will probably continue and which will become increasingly costly.”
    Ramkarran said that Jagdeo, salivating for office, is not going to give up against President Ramotar and the PPP who are not his comrades, but instruments of his now monumental ego and ambition.
    “(Jagdeo’s) scheming has been perfected into a high art,” according to Ramkarran.
    The billboard that was erected seeking to solicit support for a third term for then President Bharrat Jagdeo
    The billboard that was erected seeking to solicit support for a third term for then President Bharrat Jagdeo
    He says that Jagdeo, who now has nothing but contempt for the alleged failings of the leadership of the PPP and of the Government, arrogantly sees little obstacle in his path even though, “as one comrade told him immediately after the elections in 2011, ‘it was your mansion and pension that caused the loss…The comrade, deprived of high office as a consequence, omitted the cussing out, loud music, lewd dancing, big rallies and years of hostility to sugar workers, all designed by the genius.”
    According to Ramkarran, Jagdeo succeeded in doing what the British, Americans and the PNC together could not do – deliver an electoral disaster to the Party of Cheddi Jagan.
    “With his usual hubris he now believes that only he can reverse the disaster of his own creation, ‘deal’ with the Opposition and manage Guyana.
    The PPP would unfortunately continue to regard an anti-socialist like Jagdeo as a ‘comrade,’ and defend him, in order to maintain the appearance of unity, “even though he has demonstrated by the publications and otherwise, over and over again, that he cares nothing about Party unity.”
    Ramkarran observed that the success of his plan for the Party has weakened it, has caused simmering discontent, has led to the almost total depletion of leadership material which understands the primacy of the PPP’s commitment to the disadvantaged within certain ideological perspectives and underpinnings.
    Ramkarran in his writings, warned that unless the Jagdeo grip on the throat of the Party and Government is prised open by President Ramotar, finger by finger, and he nurtures the leaders mentioned, and they in turn show some political courage, the intellectual successors of Jagdeo will eventually inherit the leadership of the Party and Government, and he and they will have the last laugh.

    Posted by mark | March 31, 2014, 9:40 am
  38. Third term’ campaign – Moses Nagamootoo

    APRIL 3, 2014 | BY KNEWS | FILED UNDER NEWS

    There seems to be something more sinister about the “Jagdeo Third Term” saga, says Alliance for Change Parliamentarian, Moses Nagamootoo.

    According to Nagamootoo the Ralph Ramkarran column from last Sunday really “hit the hammer on the nail”.
    Ramkarran, a former PPP/C stalwart in his weekly blog, delivered a stark warning to Head of State, Donald Ramotar, suggesting that former President Bharrat Jagdeo is attempting to scheme his way back into power.
    According to Nagamootoo, everyone saw how persons whom he refers to as the “gang of B’s” coined the campaign of “Bring Back Bharrat”. Nagamootoo told Kaieteur News that he strongly believes that the “gang” isn’t so “concerned” about a third term but something more sinister.
    “The gang knows that the notion of a third term is a like kite that cannot fly. The tail is too heavy to make it fly” Nagamootoo said. He explained that the campaign is even more sinister and perhaps less noticeable by the general public and the PPP membership.
    It could see Ramotar being forced to step down as President before the end of his term and Jagdeo being installed. Then he does not breach the constitutional provision which states that he cannot be re-elected.
    According Nagamootoo, former President Bharrat Jagdeo has been a debilitating factor which was introduced into the PPP. He said that everyone has seen him operate by stealth trying to wield control.
    “Because he had access to the Ministry of Finance and it’s a fairly influential position he was able to corral under his side people who could be easily compromised” Nagamootoo opined.
    The idea in the PPP was described brilliantly by Dr. Joey Jagan who said that the “Gang of Eight” out of 15 members of the leadership, which is the executive committee, can control literally the party which is like the head.
    According to Nagamootoo, the former president had worked his way among the group of trained leaders of the party, and moved the Gang of Eight to his side.
    “I think that they are attempting to start a rift inside the party to be able to get Jagdeo to control the Gang of Eight, in which case they could ask President Ramotar to step aside for whatever reason as what has happened with Janet Jagan in 1999 and allow Jagdeo to act as president until fresh elections,” Nagamootoo posited.
    Ramkarran first alluded to an article in the Guyana Times, which said that the Opposition had caused a poll to be conducted last month which found that “former President Bharrat Jagdeo would be the most formidable candidate that the Opposition parties…could face in any upcoming general elections.”

    Bharrat Jagdeo
    He noted that the following day, the state-owned Guyana Chronicle carried a similar front page headline: “Jagdeo favoured as PPP’s presidential candidate” in an Opposition poll. Both the Alliance for Change and A Partnership for National Unity have denied any such poll.
    Ramkarran noted that the publications in the newspapers belie Jagdeo’s protestations that he is not interested in a third term.
    “This new campaign was no doubt inspired by talk of a landslide victory if he had been the candidate in 2011, and if he is now the candidate.” Ramkarran recalled too that an expensive campaign calling for a third term was also put together in 2010 which only fizzled out when the then General Secretary, Donald Ramotar, took a stand against a third term.
    According to Ramkarran, now that elections appear to be on the horizon, Jagdeo is “beginning to drool with renewed ambition and hunger for high office.” From the time he settled in to the Presidency and realized its potential to elevate him to ‘greatness’ and wealth (by saving), Jagdeo set in motion a two pronged strategy, Ramkarran says.
    The former executive member of the party said that Jagdeo, while in office began to nurture and encourage a group of business people, many of whom expanded through opportunities available from state contracts and other linkages, into massive and still growing conglomerates.
    According to Ramkarran, the party leadership certainly did not recognize that the ambitions of Jagdeo, who was soon to leave office, could not be contained. “The 2011 elections revealed the extent of the damage to the Party.”
    The open campaign for a third term, the direct challenge to President Ramotar and his leadership and the attempt to deprive him of a second term, whether of a minority government or not, were nevertheless exposed by the two publications.
    He posits that Jagdeo “can only succeed if he divides the Party, something he clearly has no qualms in doing.” Ramkarran says that he can make bold to raise this direct challenge because, although President Ramotar recognizes the need to curb his influence, he has taken no decisive action to do so.

    Posted by mark | April 4, 2014, 7:35 am
  39. Jagdeo’s legacy was already tarnished …

    APRIL 9, 2014 · BY STAFF WRITER · 2 COMMENTS NEXT ARTICLE »

    Dear Editor,

    Those whom Cheddi Jagan lifted from obscurity to megalomania at Freedom House are concerned about Stabroek News tarnishing of the legacy of Bharrat Jagdeo. Mr Jagdeo was President of Guyana from August 11, 1999 to December 3, 2011. Guyana became a major drug transhipment point and crime-infested republic during that period, and attained its pinnacle of inequality, injustice, corruption, cronyism, immorality and unfairness. This is some achievement considering the dreaded PNC regime swung a wrecking ball at this country for 28 years. So what is there to tarnish when it has already been tarnished? Mr Jagdeo was trained as an economist, yet Guyana under Jagdeo achieved the following yearly GDP growth rates from 2000 to 2011 inclusive: 2000: -1.4%, 2001: 2.2%, 2002: 1.1%, 2003: -1%, 2004: 3.3%, 2005: -2%, 2006: 5.1%, 2007: -3.6%, 2008: 2%, 2009: 3.3%, 2010: 4.4% and 2011: 5.4%. Guyana had total annualized GDP growth of 18.8% in the 12 full years of Mr Jagdeo’s rule. Dentist Cheddi Jagan oversaw the following GDP growth rates from 1993 to 1996 inclusive: 1993: 8.2%, 1994: 8.5%, 1995: 5% and 1996: 7.9%. Janet Jagan achieved annual GDP growth as follows from 1997 to 1999: 1997: 6.2%, 1998: -1.7% and 1999: 3%, an average of 2.5% in those years. Those propagating the myth of Jagdeo as a leader believe they can con the Guyanese people; they cannot.

    The most telling legacy from the Jagdeo era is the criminalization of the society. Add waste (Skeldon Sugar Factory), incompetence (we cannot collect full LCDS payouts under Guyana-Norway agreement because of a self-strangulating agreement), cronyism (Berbice River bridge paid for primarily by taxpayers but private companies are reaping the most profits), and an indifference to wrongdoing and we get to the almost failed state we have today.

    It is no wonder the PPP continues to decline. It is no wonder there has been a mass exodus of PPP supporters. Everything is a game of historical jumping jacks to Freedom House. When Stabroek News quotes a period of terror and crime within the last decade, the PPP hijackers at Freedom House become like automated kangaroos jumping several decades further back to haul up erstwhile events that the majority of citizens and PPP supporters do not care about.

    Backward looking idealism is symptomatic of the backward mindset infecting Freedom House. Present atrocities must be addressed with past atrocities. Walter Rodney’s killing in 1980 is raised when the killing of so many Guyanese is happening yearly right now. Did so many Guyanese lose their lives in 1980 when Rodney was killed or when the two PPP activists were shot over the ballot box incident? Were Berbicians being incessantly terrorized by bandits then as they are now? Mash Day would not have occurred if the PPP had reformed the prison system, professionalized the police force and strengthened security and the protection of the citizenry, something which their own supporters had demanded for decades before they returned to power in 1992. The attempt to use drug trafficking cartels to fight criminals has left us with even more crime. Using criminals to kill criminals has given us even more criminality. Mexico and Colombia have a DEA office, Guyana has none.

    Do Clement Rohee and his associates really call the pathetic performance of the Guyanese economy under the PPP relative to the rest of the world and similar economies responsible fiscal management? Does a country with 83,000 square miles of some of the richest territory on earth with a mere 750,000 people to reap the benefits but which is still mired in poverty really a model of responsible fiscal management? If Haiti did not have the natural disasters it suffered in the last 21 years, it would have outgrown Guyana economically despite its humongous population! Why didn’t Mr Jagdeo use these state of the art health facilities his government created when he got sick instead of jetting off to foreign lands? The PPP has not fixed many of these decrepit hospitals but wants to spend taxpayers’ money to create a Specialty Hospital.

    Is domination of the Amerindian people by throwing them outboard engines and vehicles, and expecting them to politically bow to the PPP hinterland development? Is the smuggling of our gold by foreign and local miners also hinterland development? Was the dried-up Amaila Falls of US$1billion fame, hinterland development? Guyana’s international image has been rebuilt indeed; we are now known as a cocaine trafficking nation.

    Is a boundary award obtained after a pathetic government incapable of militarily defending its territory was chased out of its own territory by a smaller neighbour now something to celebrate? It was our territory to begin with as the award confirmed, and the PPP was incapable of defending it just as this PPP government has bent over and allowed Venezuela to hold this country to economic ransom with PetroCaribe.

    The fibre optic cable is now years behind schedule and has drained and continues to drain tens of millions of US dollars from taxpayers’ pockets, and an airport expansion that is overpriced and not justified by demand is now development. House lot distribution is a PPP success but so has been the giveaway of prime lands to a select few. Mr Jagdeo who has saved to afford a mansion worth millions on the local market still, despite his ability to be able to build such a mansion, got his land at Pradoville 2 at a price below what remigrants are asked to pay. This is not to say the PPP has done no good.

    The problem is it is difficult to see and even some of the projects which could bring genuine benefit to the country are so damaged by graft, or misuse or waste, that they no longer produce a viable return on taxpayers’ money.

    Yours faithfully,
    M Maxwell

    Posted by mark | April 9, 2014, 9:26 am
  40. Why the PPP gets away with excesses

    APRIL 10, 2014 | BY KNEWS | FILED UNDER FEATURES / COLUMNISTS, FREDDIE KISSOON

    Do you know the police can arrest you for buying foreign ice cream? There is no doubt about it; the young population of this country if asked which President was a terrible leader would say Bharrat Jagdeo. Given our demographic structure, they are too young to know that President Burnham was far from democratic.
    In fairness to Mr. Burnham, I lived under his reign and had caustic encounters with him and I suffered but one has to be the epitome of intellectual depravity to argue that Forbes Burnham was more extreme than Jagdeo.
    Any scholarly comparison, I believe, would have Mr. Burnham coming out far better than Mr. Jagdeo. As a layman and a trained academic, I believe Mr. Forbes Burnham was a better President than Mr. Jagdeo
    What is it about Guyana that allowed Mr. Jagdeo such gigantic latitudes for dictatorial behaviour that even the Ramotar presidency enjoys? Take the madness that came out of the mouth of Minister Irfaan Ali. If such words were said in any other Caribbean country, there would have been angry denunciations. Mr. Ali is quoted in this newspaper as telling one of its reporters that the advice of the government to commuters is not to pay a $20 minibus increase and that they must take the bus number to the police.
    Obviously, the government had to inform the police of the situation, why else would the commuter go to the police. What Mr. Ali and the Government of Guyana have done is to proclaim that they don’t care about laws and to make it more horrible, they order the police to do the same thing.
    There is no law under which a minibus driver can be arrested for hiking his fare. The reality is that minibus fares are not regulated by law. You can call the driver unreasonable or refuse to pay him but he cannot be arrested.
    To think that the government can openly embrace such lawlessness and the media, human rights community, Bar Association, opposition parties and the society in general stood silent is graphic proof of why dictators get away with their horror shows.
    You may think it is a joke but after what Irfaan Ali said, who knows what next is coming. Maybe if the Government has an ice-cream manufacturer it favours, he can report you to the police for patronizing the foreign version. Maybe the police can arrest you if you choose to support a football match at another venue instead of the one the government would like you to attend at another ground.
    If you find these examples absurd then how do you account for what Ally said about the minibus fare?
    What Irfaan Ali did explains why Jagdeo became such an invincible dictator. So let us answer the question why this country allowed Jagdeo to do what ever he wanted and why we are now silent about the Jagdeo pattern that Ramotar has adopted? The answer is as old as time itself.
    Consider Hitler of Germany, Amin of Uganda, Doe of Liberia, and Bush of the US.
    Hitler committed one atrocity after another and there was no national outcry. The result was psychological invincibility. Hitler felt that he couldn’t be touched. The same applied for Amin and Doe. After Bush began to assault American democracy using the war on terror as his reason, the American people refused to check him until it was too late.
    When they woke up they found that American democracy was shaken to its foundation by the extremism of Bush.
    Jagdeo began to take small tyrannical steps after the 2001 elections when he felt that Mrs. Jagan could no longer give him instructions. From 2001 to 2006, Mr Jagdeo had a taste of untamed power and he saw the society’s fear and compliance. Invincibility began to creep in.
    Mr. Jagdeo knew he had become a powerful president whose authority was unchecked. Then came another victory in 2006 and untamed power became absolute power. As the years wore on absolute power became omnipotent power.
    By the time we reached 2011 when was time for him to demit office, Jagdeo had become the first absolute dictator in the history of the British West Indies. There was nothing Mr. Jagdeo wanted he could not do and he did it.
    Where President Burnham was sacred because he wondered what the PPP, WPA, Catholic Standard, would say or do if he overdid it, there was no such hesitancy under the Jagdeo presidency.
    By the time he left office, Mr. Jagdeo had virtually destroyed the weak pillars of Guyanese democracy inherited from the British in 1966. Will we allow Ramotar to copy Jagdeo? The truth is, we are doing so.

    Posted by mark | April 10, 2014, 6:20 pm
  41. Penis erection politics and the goat man’s goat politics

    APRIL 13, 2014 | BY KNEWS | FILED UNDER FEATURES / COLUMNISTS, FREDDIE KISSOON

    The incident in which a powerful PPPite told a very young journalist in a request for an interview that he still can achieve penis erection has come at an interesting time. In Trinidad, the Prime Minister is in an ongoing no-nonsense mood. She has fired several Ministers over embarrassing indiscretions. Had one of her Ministers done what this PPPite did to that journalist, he would have been fired.
    In Guyana, the reverse is the opposite, the more sexually depraved are the apparatchiks, the greater the protection by the party machine. The sexual thing in politics in Guyana is not new. Maybe it goes way back to the early post-colonial days. But the sickening and semi-civilized dimensions can really be dated to the era of the champion.
    The champion really dirtied the personality, mind, soul, heart and character of the PPP. It is not that the PPP had much of those elements anyway, but what little the PPP had of them, the champion destroyed with the saturation of sexual excesses.
    One simply has to do elementary Freudian analysis on the penis erection encounter and one will see how sexual morbidities have taken over the PPP Government. There are literally millions of ways you can indicate to a woman that you want to have sex with her. You have to belong to a culture of extreme lecherousness to tell her; “I want you to know I still can get an erection.”
    Why did he descend to such vulgar levels? Because this is what he has seen since the champion took over his party and the country.
    Look who the champion surrounded himself with? Look what crazy sexual things they say and do? Let me repeat in these columns about an incident that took place with me and one of the most intimate pals of the champion. I was coming out of the Foreign Service Institute of the Ministry of Foreign Affairs on New Garden Street when this tall friend of the champion who is a stain on the revolutionary credentials of the African people of Guyana came into my car.
    He just opened the door and sat down. I swear on my life, this is what he did. There wasn’t time to stop him. He asked if I was going downtown, then said, “This is the first time I’ve see you in person; I didn’t know you were so small, how you is manage to F… all those women at UG?” That is how this man greeted me. This man became extremely close to the champion.
    Imagine what direction he and the champion went into. I can tell you that when Roger Khan was in his prime, there were nasty late parties at the Pegasus in which the type of debaucheries that took place there featured many prominent members of the corridors of power as participants.
    This is the direction the champion took the PPP into.
    This is the only world the penis erection man knows, that is why after one of the annual anniversary events of Cheddi Jagan’s death at the mansion of the champion, he took a 14-year-old and played with her at his home rather than keep the promise to her mother that he would take her to her home. The penis erection incident will not be the last.
    The culture of sexual escapades has overtaken the organization that Cheddi Jagan left behind. To hear about these sexual escapades would sicken you, especially since they involved underage age boys and girls.
    It simply boggles the mind why the powerful United States has not moved against this regime given its mountain of unspeakable immoralities. My two nephews and my brother-in-law visited from Canada some years ago and we stayed way into the early morning at Celina Resort at the Kitty pump station.
    The caprine Minister came in with another gentleman and two definitely underage teens.
    What the penis erection man did is just the tip of the iceberg. But that will not deter the goat man. The goat man will continue to tell Guyanese that his party and his government are the best things to have happened to Guyana.
    The goat man is going to completely black out from his press conference notes or from his mind when he addresses his party supporters that penis erection politics has permanently damaged the image of his party.
    The goat Minister is not going to tell Guyanese that never before in the history of politics, has power been so intertwined with sexual miasma, sexual orgies, sexual vocabulary as in the rule of the PPP since 1999. Sad though that as the goat man continues to sing his song of PPP goodness, penis erection politics will continue to make him look like a goat.

    Posted by mark | April 13, 2014, 9:07 am
  42. Prosperity for a few on the backs of all is what Hydar Ally and the PPP celebrate

    APRIL 13, 2014 | BY KNEWS | FILED UNDER LETTERS

    Dear Editor,

    Hydar Ally’s article titled “The rising tide of prosperity” (KN, Apr 12, 2014) was standard PPP propaganda dancing lewdly in front of us and telling us it is a modest creature. The kangaroo tendency of the PPP to jump backward into the past when confronted by its shortcomings and atrocities of the present is now legendary.
    Hydar Ally speaks of negative economic growth under the PNC. But Hydar Ally will not tell us of the shoddy and pitiful economic performance of the PPP in an era of unrestrained free market growth from the 1990s to present. Cheddi Jagan oversaw the following GDP growth rates from 1993 to 1996 inclusive: 1993: 8.2%, 1994: 8.5%, 1995: 5% and 1996: 7.9%. Janet Jagan achieved annual GDP growth as follows from 1997 to 1999: 1997: 6.2%, 1998: -1.7% and 1999: 3%. Mr Jagdeo was trained as an economist, yet Guyana under Jagdeo achieved the following yearly GDP growth rates from 2000 to 2011 inclusive: 2000: -1.4%, 2001: 2.2%, 2002: 1.1%, 2003: -1%, 2004: 3.3%, 2005: -2%, 2006: 5.1%, 2007: -3.6%, 2008: 2%, 2009: 3.3%, 2010: 4.4% and 2011: 5.4%. Donald Ramotar had economic growth of 4.8% in 2012 and 5.2% in 2013. That is 73.1% total annualized GDP growth over 21 years or growth or 3.48% per annum for the past 21 years. The entire world economy grew by 3.5% annually over this time period. So much for this pathetic economic charade the shallow comrades at Freedom House are crowing over!
    That is lacklustre economic growth by any stretch of the imagination and certainly when one considers Guyana as one of the most blessed nations in terms of resources per capita. That is a shameful performance for a country with Guyana’s distinct advantages of (1) small population (2) high debt writeoffs (3) significant per capita natural resource allocation (4) English speaking population (5) cheap labour (6) close proximity to Latin American, Brazilian, South American and North American markets and (7) significant remittance inflows. We missed out on the commodity booms and instead cocaine became our strongest export in the past 20 years. Massive countries devastated by the fall of communism like China and Russia with hundreds of millions and over a billion in populations were able to lift their people out of poverty yet the economic charlatans at Freedom House were able to deliver a pathetic 3.48% annual GDP growth over 21 years.
    Now that we know the PPP’s dismal economic performance in relation to the rest of the world, we must consider the type of economy inherited by the PPP. The PPP operates Hoyte’s economy without any significant alterations over the past 20 years. Hoyte handed the PPP an economy that grew by 6.026% and 7.758% in 1991 and 1992 respectively. The PPP got a booming economy from the PNC, ready for takeoff in a free market system. The economy has sputtered since. The PPP’s sordid claim to fame as an economic rejuvenator is bogus. Its lifelong excuse of inheriting a broken economy from the PNC does not fly anymore. The following countries all had decrepit socialist and communist economies – USSR, China, India, Vietnam, Albania, Angola, Bulgaria, Czech Republic, Hungary, Cambodia, Mongolia, Poland, Romania, former Yugoslavia republics, Ukraine, Belarus, Algeria, Indonesia, Nicaragua, Seychelles and Suriname- and they have all outperformed the PPP’s Guyana.
    The other issue with Ally’s propaganda is prosperity for whom: the fat cat contract worker friends of the PPP like some sitting at OP and collecting inflated salaries to write mindless drivel to the nation’s independent newspapers or the lean sugar workers trying to stay afloat financially? Is it prosperity for the lucky few who get government contracts or the unlucky not so few who have to make out with the contract of indenture the PPP has saddled them with? Prosperity for the Pradoville mansion builders or the Plastic City shantytown residents?
    Or is it prosperity for the drug dealers, gun runners, contraband traders, fuel smugglers, pimps and money launderers versus prosperity for the decent citizen struggling to find his or her daily bread. Prosperity by inequality, by taking taxes and VAT collected from all including the poor and giving it to a few in choice contracts is not prosperity. Nor is allowing drug kingpins to flourish in prosperity.
    The GDP per capita does not reflect the dangerous and crippling repercussions of the PPP’s wrongdoing, marginalization and cronyism. It does not show the chasms and gulfs between the haves and the have-nots.
    The PPP have glorified the demise of the working class people. And these rogues still have the temerity to keep Cheddi Jagan’s photograph adorning their Freedom House shrine.

    M. Maxwell

    Posted by mark | April 14, 2014, 5:36 pm
  43. Vulgarity

    APRIL 13, 2014 · BY STAFF WRITER · 15 COMMENTS NEXT ARTICLE »

    Vulgarity is part of life; in this country, some might say, too much part of it. But even here, there is a general feeling that there are some places and some occasions where it should not find a receptive environment, and one of those is the nation’s Parliament. While in some ways the National Assembly is a dysfunctional institution, the reasons for which cannot all be blamed on the MPs who grace its precincts, some of our lawmakers are nevertheless guilty of inappropriate behaviour which diminishes its status in the eyes of the public.

    Those who sit in Parliament are paid by the citizens of Guyana to represent them. As such, they are expected to take seriously the issues before them; research their areas of expertise; listen to the concerns of their particular constituents and try to pursue these; engage in genuine debate with those on the opposite benches to arrive at the best decisions for the country; and generally conduct themselves in a way that commands respect – or at a minimum, does not attract opprobrium. The last-mentioned particularly applies to ministers of government.

    The rules require that members do not simply read an address, although they can refer to notes and read out certain portions; for the most part, however, they should be speaking extempore. As it is, that tradition has been in abeyance for many years, and certainly there is no one in our Parliament who could emulate the former British Prime Minister Harold Macmillan who at the age of 90 gave a fluent maiden speech in the House of Lords without notes that lasted 32 minutes. Not surprisingly, the assembled peers of the realm gave him a standing ovation.

    The citizenry is probably not too fussy at this stage about whether MPs read their presentations or not, but they do want to feel that some level of serious debate is going on, and as said above that the nation’s potential projects and real problems are the subject of meaningful exchanges. But even this is open to question, with the situation deteriorating in the current Parliament probably because the government has turned its face against any level of negotiation, dialogue or debate with the combined opposition. As a consequence, the members’ addresses for the most part are at best formulaic and at worst polemical. A notable exception during the recent budget debate, was that by newcomer Dr Karen Cummings.

    This does not mean that the National Assembly should be devoid of any humour or even some controlled raucousness in the form of heckling, which is an old tradition dating back hundreds of years to the British House of Commons. There are well-established limits to what can be said, however, as there are during the formal presentations as well, where members have to eschew ad hominem comments. (To cultivate an air of respect members also refer to each other by the title ‘Honourable.’) Personal insults should invite the intervention of the Speaker, who will then demand an apology, which if not forthcoming can produce a ban on the offending member.

    So it was that the week before last Minister of Education Priya Manickchand heckled APNU member Volda Lawrence while she was speaking about rape victims with a remark about the father of MP Jaipaul Sharma. As is well known, Mr C N Sharma has been charged with sexual offences and the matters are currently sub judice. Rightly, Speaker Raphael Trotman asked for an apology, which was not forthcoming, and so he placed a ban on Ms Manickchand. Quite inexplicably, however, Mr Trotman appeared to reverse himself when the National Assembly next met, and Minister Manickchand was allowed to speak on education with APNU Chief Whip Amna Ally being the only opposition member present; the others had walked out.

    It was without question a flawed decision, more particularly since last year Ms Vanessa Kissoon had behaved similarly inappropriately, this time with the heckle being directed towards Minister

    Robeson Benn. She was required to apologise by the Speaker, and did so. It might be noted in passing that there is nothing like consistency to enhance a Speaker’s reputation, while the reverse, of course, will damage it. That aside, as Mr Jaipaul Sharma later observed at the time of his resignation, no member of APNU came to his defence when the Minister heckled; it was the Speaker who took action. As for Ms Manickchand, she apparently believes herself above reproach. She should be careful, because she is acquiring a reputation for contemptuous behaviour, which is never good for a politician.

    If the public thought that this year’s spate of budget vulgarity was at an end, they were mistaken. There was Presidential Advisor Odinga Lumumba to come. It was not just that what he had to say was vulgar; it was also that it was incendiary, offensive, unmitigated drivel. Futilely attempting to ground his insults in the events of the American Civil Rights movement and the statements of the Black Panthers, he said “certain people” could be labelled “termites and uncle Toms.” And what triggered this aberrant outburst? It must have astonished all rational citizens to learn that it was the opposition stance on the sugar industry.

    He also told members in the House that those who took this stand “run the risk of being mistaken as architects of ethnic and geographical discrimination. Let us not forget Rwanda, Kosovo, and Hitler Germany… it was narrow analysis that led the conflagration in these states.” Leaving aside the rank absurdity of this piffle, it is also testimony to appalling historical ignorance. Should we really have someone who cannot tell the difference between what Hitler did in Germany and opposition criticism in relation to the sugar industry, representing us in Parliament? Quite clearly, this is a member who does not have a clue what he is talking about.

    One would have expected that even Mr Lumumba’s own colleagues would have been embarrassed, but it seems nothing disturbs the smooth contours of their political cocoon. And in contrast to the case of Mr Sharma, Leader of the Opposition David Granger was on his feet fast enough in this instance.

    There has always been bottom house vulgarity in our politics and later on our TV screens, but up until the last few years it tended with some exceptions to be kept off the big public political platforms (although there were plenty of code words in use) and outside the confines of the parliamentary chamber. The father of political vulgarity in its modern incarnation is undoubtedly former President Bharrat Jagdeo, who used any and every occasion, formal or otherwise, to unleash his political barrages. Ms Manickchand clearly belongs to the same school. One must infer that both she and Mr Lumumba have the sanction of Freedom House for their approach. If so, the PPP needs to rethink its modus operandi. Taxpayers don’t pay MPs’ salaries for this kind of dismal vulgar performance.

    Posted by mark | April 15, 2014, 7:33 am
  44. Manickchand’s manipulanda and mannalichen

    APRIL 15, 2014 | BY KNEWS | FILED UNDER FEATURES / COLUMNISTS, FREDDIE KISSOON

    In this country, libel is quick to follow critics. Even if people don’t know the meaning of words they assume they are libelous and you get a lawsuit. I had fun with Bharrat Jagdeo when I referred to his politics as derived ultimately from his bennettitaceous style. (see my May 17, 2010 column, “Benn’s benthoscope and Guyana’s bennettitaceous dictatorship.”
    I learned that a libel writ was to be filed but they could not come up with a definition of “bennettitaceous.” The little dictators are funny people. They do not know how to do elementary research. They probably checked the dictionary instead of a science encyclopedia for the word and couldn’t find it. Of course the little dictators don’t know that you can pull a word from science and contextualize it in political or journalistic writings.
    I used “bennettitaceous” about three times in my columns to denote the source of Jagdeo’s excesses and I believe that style holds the key to explaining why he became so intolerant of the population.
    Let me assure my editor that the two words above that are supposed to rhyme with Manickchand are not used in any libelous sense at all. I found them appropriate after her explanation as to why she would not apologize directly to Jaipaul Sharma. Manipulanda is the plural of manipulandum. Definition- something that is to be manipulated. In Manickchand’s case, the manipulandum was public opinion.
    In claiming that she could not apologize to Sharma because of her sympathy with rape victims, Manickchand was hoping to bend and shape public opinion in her favour away from the fact that Mr. CN Sharma is not convicted off rape, that the case is still in the courts and it was highly injudicious to pronounce on something that is sub judice. Manickchand’s mannequin did not make the showcase.
    The public believed, then and still think, that Manickchand was way out of line and an apology should have been made to Jaipaul Sharma. The Speaker provided a safety net for Manickchand by a faulty ruling, a decision he ought to apologize for. That error by the Speaker has not stopped the outrage against this lady, the latest being a devastating Stabroek News column.
    Mannalichen is another example of mine where I lift a word from science and apply it to social analysis. It refers to a type of lichen that is crustaceous and scaly and blows all over the place in the African and Arabian deserts. For this purpose, it refers to those colleagues of Manickchand that roam all over Guyana doing things that should meet with the revulsion of Manickchand.
    Was it not under Manickchand’s watch at the Ministry of Social Services that Kwame McCoy was appointed to the Rights of the Child Commission? Is there any published document or unpublished document available to researchers to ascertain how Manickchand felt about this appointment? Is it too late for her to comment on McKoy’s membership? Was Manickchand not a Minister when one of the most shocking episodes in politics anywhere in the world occurred when Varshnie Singh went public with horrible accusations against a sitting President?
    It is the most inflexible stance of this columnist that the Varshnie Singh/Bharrat Jagdeo scandal has no parallel in modern world politics.
    Those accusations would have caused the downfall of any President or Prime Minister in all, I say, all the democratic states in the world. To date, Mr. Jagdeo has not answered even one of the claims made by Ms. Singh. Looked at from any angle, it was abuse, mistreatment and psychological mauling of a woman by a President who used his office to achieve his plan.
    None of the women in the PPP Government, who constantly see public opinion as their manipulanda, have come out in support of Varsnie Singh,
    I will give Manickchand the benefit of the doubt that she is not aware of the PPP’s mannalichen but the information is out there. She can get it if she wants. But if she does, will she mention the names as she did with Sharma? The list includes the beating of a wife in a night club in my hometown of Wortmanville, by the lecherous bandit/pandit whose life would make an interesting Lifetime movie.
    Which brings me to a question; as a practising Hindu, did Manchickchand ever host a ceremony over which this Pandit presided? After a ceremony at a renal clinic up the East Coast, all the young female journalists declined the offer of a ride to Georgetown from a PPPite.
    Interestingly the Stabroek says Ms. Manickchand and Jagdeo belong to the same school. Wow!

    Posted by mark | April 15, 2014, 8:40 am
  45. Govt. must explain $80M Ed Ahmad land deal – APNU

    APRIL 16, 2014 | BY KNEWS | FILED UNDER NEWS

    Government must explain the details surrounding a land deal with New-York based Guyanese, Edul Ahmad, who received a 17-acre plot of prime land at West Coast Demerara, but failed to build a wood processing plant as promised.
    Ed Ahmad
    Ed Ahmad
    Instead, Ahmad, said to be a close associate of former President Bharrat Jagdeo, converted it to house lots and is now set to make at least $600M from his $80M investment.
    The Opposition is not taking the matter lightly, with the coalition, A Partnership for National Unity (APNU), demanding an entire review of the transaction.
    According to APNU Member of Parliament, Joseph Harmon, whenever state resources are allocated or sold for specific purposes to help create jobs, then any changes will require a different consideration. This will include a full assessment of that change, with considerations of the market value of the land.
    In the case of the land sold to Ahmad, Harmon stressed that it was almost 17 acres of prime property at Leonora.
    “To convert this land from a wood processing plant project to create jobs to now selling house lots is concluding that the new owner is profiteering. We could have gotten more money if the true purpose was disclosed initially.”
    The MP insisted that with Ahmad known as a “friend of the administration”, the transaction itself becomes even more questionable.
    “I believe that to make changes would be breaching the conditions of the lease or the sale of the land. Clearly, this is highly unacceptable, and speaks of how this Government and previous ones go about handling the assets and business of the people.”
    The land in question was sold about five years ago to Ahmad through a local company, South American Woods Incorporated, in which his name appears as one of the directors. It was the understanding that the low cost of $80M for the land was because of the promise it was to be used for the establishment of the wood processing plant.
    The project, Leonora Mall and Hollywood Garden, is being managed by Leonora Projects which is owned by Shareef and Ed Ahmad. The transaction was handled by the controversial National Industrial and Commercial Investments Ltd (NICIL), headed by Winston Brassington.
    The land was once the managers’ compound of Leonora sugar estate which once fell under the control of the state-owned Guyana Sugar Corporation. Around 2009, NICIL reportedly sold it to Ahmad for $80M or about $4.7M per acre. According to the company’s website, Leonora Projects is planning to construct 87 homes on the site. A house lot is now being sold for at least $7M. This means that the $80 million plot of land is now worth more than $600M.
    The company is also building homes for at least $30M each.
    It is the plan to include a full gas and service station, facilities to house two banks and a huge shopping mall.
    The Leonora projects are being run from Ahmad’s building materials depot at Ruimveldt, Georgetown.
    NICIL itself has been embroiled in a number of questionable transactions, including its privatization of the Sanata Complex in Ruimveldt, which was sold cheaply to Queens Atlantic, headed by former President Bharrat Jagdeo’s best friend, Dr. Ranjisinghi ‘Bobby’ Ramroop.
    NICIL’s point man, Winston Brassington, is at the centre of a number of questionable deals including the Marriott Hotel and financial arrangements of the Berbice River Bridge.
    Ahmad was charged by the US Federal authorities for his involvement in a massive real estate fraud scheme. In October 2012, during a plea deal in a New York court, he was found guilty of knowingly and intentionally conspiring to defraud several lending institutions over a period of 15 years.

    Posted by mark | April 16, 2014, 7:40 am
    • Ed Ahmad gears to make $600M on $80M GuySuCo land deal

      APRIL 13, 2014 | BY KNEWS | FILED UNDER NEWS

      …changes from wood processing plant to housing scheme

      Almost five years after acquiring a huge piece of prime, seaside property to develop a value-added wood processing operation, a New York-based Guyanese businessman has now instead converted the area into house lots.
      However, there has been no official announcement by the administration over the new arrangements and who would have given the permission.
      The conditions of sale were that the company would have set up a factory to creat jobs for persons in the neighbourhood.
      This condition was responsible for the low price they paid for the land. There has been no factory to date. Instead there is a multi-million-dollar housing development project.
      The project, Leonora Mall and Hollywood Garden, is being managed by Leonora Projects which is owned by Shareef and Ed Ahmad. The latter is said to be a close associate of former President Bharrat Jagdeo.
      The name of this project is advertised on a signboard established at the site of what was to be the location of the wood processing plant.
      The conversion of the almost 17-acre plot to the Leonora Mall and Hollywood Garden has been raising eyebrows as again, it is the controversial National Industrial and Commercial Investments Ltd (NICIL) that is involved.
      Winston Brassington heads NICIL although he offered his resignation almost a year ago. He was the one that piloted this deal with Ahmad.
      The land, located around a scenic turn, was once the managers’ compound. It was under the control of the state-owned Guyana Sugar Corporation (GuySuCo) and home to a pool and several of GuySuCo’s senior staffers.
      Around 2009, NICIL reportedly sold it to Ahmad for $80M or about $4.7M per acre.
      According to the company’s website, Leonora Projects is planning to construct 87 homes on the site.
      Company officials said, yesterday, that a house lot is now being sold for at least $7M. This means that the $80 million plot of land is now worth more than $600M.ed ahamad housing scheme
      The company is also building homes for at least $30M each.
      In announcing the sale, NICIL and its sister agency, Privatisation Unit, had said that the use of the land was restricted to value-added wood processing operations.
      The sale of the land was made to one of Ahmad’s companies, South American Woods Incorporated, which is also owned by another individual whose name is given as Shareef Ahmad.
      According to the website leonoraprojects.com, the initiative is one of the most grand development projects in Guyana. “It is being done with ‘you in mind’. Leonora Projects is a vision of Ed Ahmad.”
      It is the plan to include a full gas and service station, facilities to house two banks and a huge shopping mall.
      “Leonora Projects illustrates the envisioning of an entire community, not just homes,” the website says.
      The Leonora projects are being run from Ahmad’s building materials depot at Ruimveldt, Georgetown.
      NICIL itself has been embroiled in a number of questionable transactions including its privatization of the Sanata
      Complex in Ruimveldt which was sold cheaply to Queens Atlantic, headed by former President Bharrat Jagdeo’s best friend, Dr. Ranjisinghi ‘Bobby’ Ramroop.
      NICIL’s point man, Winston Brassington, is at the centre of a number of questionable deals including the Marriott Hotel and financial arrangements of the Berbice River Bridge.
      Ahmad was charged by the US Federal authorities for his involvement in a massive real estate fraud scheme.
      In October 2012, during a plea deal in a New York court, he was found guilty of knowingly and intentionally conspiring to defraud several lending institutions over a period of 15 years.

      Posted by mark | April 16, 2014, 5:57 pm
      • NICIL denies knowledge of Ed Ahmad GuySuCo land for house lots

        APRIL 17, 2014 | BY KNEWS | FILED UNDER NEWS

        …says agreement provides for shopping mall following wood processing plant

        The National Industrial and Commercial Investments Ltd. (NICIL) has denied any knowledge that the portion of Guyana Sugar Corporation (GuySuCo) land sold to New York-based Guyanese Edul Ahmad is being converted into house lots.
        Edul Ahmad a close affiliate of former Bharrat Jagdeo.
        The foreign-based businessman, who is said to be a close affiliate of former President Bharrat Jagdeo, bought over 16-acres of prime land from the local sugar company. According to the Agreement of Sale, his company, South American Wood Inc. is supposed to construct a wood processing facility, which is supposed to create numerous jobs for locals.
        However, it has been reported that Ahmad stands to make profits of over $600M when he converts the property for which he paid a mere $80M, to a housing scheme, inclusive of a shopping mall, full gas and service station and facilities to house two banks.
        NICIL in a press release, yesterday, claims that it acted as an agent when the transaction was done between Ahmad and GuySuCo and according to the agreement, the land at Plantation Groenveldt on the West Coast of Demerara could be converted to a shopping mall once the wood processing plant is the first structure on the property.
        NICIL said that GuySuCo entered into a Restrictive Covenant as set out in the terms and conditions of the sale, published in the Vesting Order, effecting the transfer of title, that “the property shall not be used for any other purpose other than for the construction and operation of a wood processing facility with the option of future development in manufacturing, industrial and commercial activities including the construction and operation of a shopping mall, providing that the construction of the wood processing facility is commenced first” and that construction of the wood processing facility commences within one year of the agreement.
        NICIL has defended the selling price; that GuySuCo’s land was subjected to two prior bids when in 2003, the highest valid bid amounted to $30M and in 2004, no bids were received for the property. This, the privatization agency said, caused the land to be sold, “at a price comparable with valuations established for GuySuCo land on the East Coast Demerara at $5M per acre.”
        While NICIL claims ignorance of the matter, it says that neither the government nor GuySuCo, “has any knowledge of any change of the agreement,” which was entered into with Ahmad’s wood processing company.
        The opposition is however, bent on asking hard questions relating to this transaction and is also demanding that the entire transaction be reviewed. The opposition is convinced that all may not be as it seems since state property sold to create jobs and then being converted to a housing scheme means that the owner is profiteering.
        Winston Brassington
        The GuySuCo property was sold to Ahmad in 2008 and reports are that the project, Leonora Mall and Hollywood Garden, is being managed by Leonora Projects which is owned by one Shareef and Ahmad. NICIL, a state-privatisation arm of the government, is however no stranger to criticism; ending up in the spotlight for what many have referred to as being involved in “tainted” transactions where state resources were sold or privatized under the tenure of Winston Brassington.
        Most notable is the sale of the Sanata Complex for “a next to nothing” price to best friend of Bharrat Jagdeo, Dr. Ranjisingh ‘Bobby’ Ramroop.
        Ahmad is also no stranger to negative publicity. He was charged by US Federal authorities for his involvement in a massive fraud scheme and in 2012, he entered a plea deal with US agents, and was found guilty of knowingly and intentionally conspiring to defraud several lending institutes over a 15-year period.

        Posted by mark | April 17, 2014, 1:29 pm
  46. Commentary: Smoke and mirrors: A closer look at Guyana’s looming debt crisis
    Published on April 14, 2014

    By Avinash Pulchan, MFM, FQF

    avinash_pulchan.jpg
    Avinash Pulchan was born in Georgetown, raised in Corentyne, Berbice and attended President’s College. He has a Masters in Financial Mathematics, Fundamentals in Quantitative Finance, and Bachelor of Science in Economics from the University of Minnesota. He is now preparing to pursue a PhD in Economics.

    According to World Bank data, Guyana’s external debt has risen over 117%, US$850,393,000 in 2008 to US$1,845,561,000 in 2012. During that same time period gross national income per capita (purchasing power parity) has increased only 25% from US$2,720 to US$3,400. Furthermore, personal remittances have increased a whopping 34% from US$278,436,000 to US$373,096,197 during the last four years.

    A common problem that lesser developed countries (LDCs) face, which Guyana falls into, is that of too much dependence on foreign nations and foreign entities. Guyana’s debt to GDP ratio increased from 44% (US$850,393,000/US$1,922,597,807) to 64.7% (US$1,845,561,000/US$2,850,572,407). A country’s debt-to-GDP ratio compares what a country owes to what it produces and is an indicator of the country’s ability to pay back its debt. Currently Guyana’s debt-to-GDP ratio of 64.7% is very unhealthy.

    Now some people are going to argue that other more developed nations have higher ratios but they must take into consideration that these countries are industrialized nations, where a large part of their debt is carried by their citizens and not foreign entities. Secondly, these nations are economies unto themselves and global macroeconomic stress is mitigated through their diverse economic systems.

    Guyana’s external debt leaves it at the mercy of its debtors and it definitely doesn’t have a diverse economy; Guyana has shifted to an ill-advised import-based economy, which I will discuss in a moment.

    In light of Guyana’s indebtedness it would be a travesty to Guyanese of epic proportions to raise the debt ceiling. Foremost is the fact that, despite the much hyped years of economic growth as measured by GDP, Guyana is still running a budget deficit, meaning the Guyanese government is spending more money than it generates in revenues. As of 2012, the budget deficit is -5.9% of GDP.

    Guyanese citizens need to realize that the country’s debt is their debt. They need to ask the government how they plan on repaying the debt; what percent of GDP will be used towards debt repayment? What are the interest rates on loans? Are these rates fixed, variable, capped? Are the loans hedged to the US dollar or Guyanese dollar? How will the government combat inflation in face of a growing external debt?

    The opposition should also critically analyze the balance of payments account for Guyana and see why is there a budget deficit? They should do a trend analysis on the balance of payments account to see if there are common factors affecting the current account, capital account, and cash reserve account over the past years. This would lead to better allocations of funds over the long term and curtailment of inefficient macroeconomic policies.

    Guyanese should keep in mind that Guyana’s debt has increased 117% (US$995,168,000 = US$1,845,561,000 – US$850,393,000) over the last four years and what has this increase translated to for the development of Guyana?

    If the national debt ceiling is increased to allow the Amaila Hydro Power development initiative, how long will it take for the benefits to reach all Guyanese people? Has an independent-neutral party done a cost-benefit analysis on the feasibility of this undertaking? If differences arise from various feasibility studies of this project can they be reconciled? What are the terms of the financing of such a project? What are the positive/negative externalities of the Amaila Project? Will it create jobs for Guyanese? What are the environmental impacts?

    Much has been harped on about the economic progress Guyana has made in recent years such as “Guyana on course to record eight consecutive years of positive economic growth: New ECLAC report says Guyana expected to surpass CARICOM partners in economic growth this year” as reported in the Chronicle.

    Retired professor at New York University and author of the foremost textbook on Economic Development, Michael Todaro noted, “Economic development cannot be measured solely in terms of the level and growth of overall income or income per capita; one must also look at how that income is distributed among the population – at who benefits from employment and why.”

    GDP growth rate is not a true reflection of the economic health of a nation. That is why the United Nations Development Program (UNDP) developed the Human Development Index (HDI), which is used as a holistic measure of living levels. Upon examining the components of GDP and the HDI, one can then decide whether a country is achieving sustainable economic growth.

    Gross domestic product (GDP) is calculated as the sum of consumption (C), investment (I), government purchases (G), and net exports (NX), which is exports minus imports. I will focus on all C, I, and NX but only briefly on G because it will require an article unto itself.

    Guyana’s GDP growth (annual %) has increased from 2.0% in 2008 to 4.8% in 2012, GDP (current US$) increased from US$1,922,597,807 to US$2,850,572,407, a 48.2% increase. During this same time period its GDP per capita (measured in current US$) increased from US$2,478 to $3,584, a 44.6% increase.

    Personal remittances (measured in current US$) increased from US$278,436,000 to US$373,096,197, a 34% increase. Now an observer will say those numbers are great, but if he/she delves deeper, the numbers tell a sad tale. Personal remittances as a percentage of GDP were 13.09% in 2012. What happens to personal remittances? Well, these remittances are pumped into in economy via consumption (C) and investment (I) and these artificially inflate GDP growth rate. Thus the government of Guyana should not take too much credit for the GDP growth rate since some of it is due to remittances.

    Many studies, including a study on the impact of remittances on poverty in developing countries conducted by the United Nations Conference on Trade and Economic Development in 2011, corroborate this claim.

    An alarming statistic is that of the Guyana’s general government final consumption expenditure (as a % of GDP), which is the G component in the calculation of GDP. Per data from the World Bank, Guyana’s general government final consumption expenditure (as a % of GDP) stayed at 15% from 2008 to the present but during this same time Guyana’s debt increased 117%, from 44% of GDP to 64.7% of GDP.

    Where is all of Guyana’s debt going? It is definitely not used to finance government purchases because that has remained at a constant 15% for the last five years.

    Finally, the examination of the net export (NX) component of GDP tells an ominous tale of what developmental economists term “growth without development”. Guyana is running a trade deficit, that is, imports exceed exports. In 2011 Guyana exported US$1.18 billion compared to imports of US$1.46 billion (deficit of US$0.28 billion) and in 2012 the deficit increased to US$0.75 billion (exports US$1.311 billion minus imports US$2.065 billion).

    In order for less developed countries such as Guyana to sustainably develop and wean dependence on foreign economic entities, they need to foster growth in a local subsistence economy that will actively engage citizens so that they can shoulder some of the development responsibilities. However, the Guyanese government has increasingly increased imports at a higher rate than exports. Thus, more goods and services are being imported to Guyana that can actually be produced locally at a comparative advantage. This type of policy leads to an abhorrent unemployment rate of 21% over the last four years and expounding this statistic will lead to a positive correlation between the increase in crimes and other social problems.

    For those detractors of my points above, please let me use a couple of statistics so that irrational arguments and overgeneralizations do not come into play. Ethiopia and Niger experienced GDP growth (annual %) of 8.5% and 11.2% respectively in 2012 while the United States and Germany experienced 2.2% and 0.7% respectively.

    Now you don’t see people migrating from the United States and Germany to Ethiopia and Niger to live because the African nations have such high GDP growth rates; the world GDP growth rate was 4.9% in 2010 and 3.7% in 2011 so the world on average has experienced economic growth.

    My point is that Guyana’s 4.8% GDP growth rate is misleading and it hides the social and macroeconomic problems plaguing the country.

    The government is not implementing development initiatives that will foster a robust local economy that will complement the increase in foreign investments. Their focus on large infrastructure development will not create jobs in the long run or short run because the labour force in Guyana is not being equipped with the tools needed to maximize the potential benefits of these infrastructures.

    The opposition should ask the government how many engineers and skilled technicians will be needed to run the Amaila Hydro Power Facility; how many Guyanese possess these skills? Are there training programs, study abroad programs to educate Guyanese in these areas? For instance educating a couple of miners on operating new mining equipment is different than educating them on how to fix the equipment in the case of a breakdown.

    The government needs to focus on local development strategies to promote sustainable economic growth and well-being locally. They should use information from all the different case studies by development economists that point out the pitfalls of LDCs and how to avoid them.

    The Guyanese government should look at the work of Nobel Laureate and economist Muhammad Yunus of Bangladesh, who pioneered microcredit lending, and the Grameen Bank, which did wonders for that country, and something along those lines will be instrumental for economic progress in Guyana. Now there is a big difference with naming an institution microcredit and having it perform the duties of a microcredit institution. The reason I point that out is because I’ve already investigated microcredit lending in Guyana and it is very different from what microcredit lending needs to be.

    Therefore in order for Guyanese to achieve what Mahatma Gandhi called “the realization of the human potential”, they must demand changes to inefficient policies of trade, micro and macroeconomics, fiscal and monetary that foster “underdevelopment” in Guyana.

    The Land of Many Waters currently has a budget deficit, trade deficit, a malfunctioning, barely existent local economy, unemployment in excess of 21.00% and a GDP growth rate that is misleading due to the impact of remittances.

    The following analogy sums up the pervading mindset of the Guyanese government: what is the use of an economics textbook to an illiterate person? Sure that textbook can be purchased for US$100 but is it worth US$100 to an illiterate person? Definitely not. It could be worth that of toilet paper or fuel for a stove.

    The point is why build a bridge over a river, expand an airport, harness a waterfall, when at this moment Guyanese people don’t need them? The enormous amount of funds used for these projects can be used to improve the lives of Guyanese by creating a sustainable local economy that will generate earnings for Guyanese and tax earnings for the government in both the short and long-run?

    The government in Guyana needs to stop copying what they see happening in industrialized nations because Guyana is still a developing economy that has different initial conditions of modern economic growth than those experienced by already developed nations. Guyana is unique in its physical and human capital and resources, population size, distribution, and growth rate, etc. Therefore, responsible fiscal, monetary, and macroeconomic policies need to be tailored and implemented for the economic condition of Guyana.

    Guyanese who visit Guyana always say that Guyana has changed for the better, everybody has a car now, there are dishwashers and microwaves, and even cane cutters have cell phones. Well, is it really development? I want these same people to Google search cell phones in Africa, or televisions in the Philippines and they will see that people in those places have technology too. In an increasingly global economy, technology transcends borders and Guyanese would’ve experienced these technological innovations regardless of which political party is in power.

    The Guyanese people need to know that they will have to shoulder the burgeoning debt of Guyana and should always examine and scrutinize any government projects that require more national debt because a continuous budget deficit, trade deficit, barely existent local economy, an unskilled labour force, high unemployment rate resulting in social ills, etc. are all ingredients of a concoction that will result in a vicious, self-perpetuating cycle of “growth without development” in Guyana where those in power will continue to enjoy a decadent lifestyle while the common Guyanese will continue to languish in mediocrity without achieving their full potential.

    Posted by mark | April 16, 2014, 7:44 am
    • Dem boys seh…Brazzy playing stupid again

      APRIL 17, 2014 | BY KNEWS | FILED UNDER DEM BOYS SEH, FEATURES / COLUMNISTS, NEWS

      Every time a big one dead under suspicious circumstances people does always run to see if he got insurance. When dem bad men did kidnap that big businessman and then dem cut off he head, people find out that just a few months earlier, he tek out a big insurance.
      Some people start fuh think bout people killing de man fuh de insurance money.
      De other day some people kidnap another big businessman. Of course, de police find de businessman dead. Now dem boys checking fuh see if he had a big insurance policy. Dem want to see if is people close to he responsible because once people got big insurance is like people can’t wait to claim.
      Dem see how Brazzy close to Hand in Hand Insurance. He buy shares fuh he buddy. Dem boys want to know if he tek out insurance fuh he buddy and fuh heself.
      A smart man like he would hide de policy. In fact, dem boys seh that he does walk wid it in he briefcase every day because he don’t want he family see how much he insure heself for.
      Dem boys seh that he might got to surrender that same policy fuh pay Ed Ah Mad. De GuySuco land wha Ah Mad get fuh next to nutten at Leonora was to build a wood processing factory. But Ed Ah Mad hold on pun de land fuh a while then decide that he gun sell it out as house lots and mek big big profit. Dem Boys hear through the grape vine that this was arranged with the rat and the fat crook Brazzy.
      Now the story buss out he now claiming that he ain’t know bout no housing scheme. But dem boys know different. He done collect already and he know that he can’t tek back de land.
      He claim that he didn’t know bout de Sanata complex although he sell it fuh next to nutten. That is how some people begin to get real money. Two of dem draw down from Ed Ah Mad even before de land sell. De same two done know bout de plan to sell de land fuh house lots and fuh mek a big profit.
      Hap New done announce that somebody got to explain. But dem boys know that crooks don’t explain nutten. Brazzy still to explain who putting money in de Marriott and although dem boys know he keeping he mouth and he hole shut.
      He trying de same thing wid Ed Ah Mad land—pretend that he ain’t know and then keep he mouth shut.
      Talk half and watch how Brazzy and Donald aint gon do nutten bout dis.

      Posted by mark | April 17, 2014, 1:34 pm
      • This provided URL below, proves jag_De_Ho,_the_the_LYING_THIEVING_Rat. Close affiliate of the SELF CONFESSED CRIMINAL CONVICT, Edul Ahmad. To sell land for a huge profit, converted from it’s original contracted purposes. Assisted by Winston Brassington and the rest of the CORRUPT_ppp_CRIMINAL_SYNDICATE, BAREFACED THIEVES AND LIARS.

        http://www.kaieteurnewsonline.com/images/2014/04/ed-ahamad-housing-scheme.jpg

        Posted by mark | April 17, 2014, 9:43 pm
        • This COLLUSION with jag_De_Ho,_the_the_LYING_ THIEVING_Rat and his ‘friends’. To make HUGE-WINDFALL_PROFITS by SWINDLING & RAPING the National Treasury, Consolidated Fund, Tax_Payers Revenues.

          Are most similar to his “bestest_closest_friend & lova_babby”. Where he sold the “Santa_Complex” for ‘next to nothing’ and having him monopolize the Prescription Drugs Contracts. Then selling those same drugs back to the ppp_Government at 1000% mark up profits.

          The other one, was his “friend_buddy”. ‘Loaning’ ‘buddy’ money from the National Treasury to build the ‘buddy’ Hotel & Casino. Now renamed Princess Hotel & Casino . Then sold it for over a $1 million USD profit, just a year later. While the ‘loan’ repayment was reimburse as “room_rentals”, for the ppp_government’s functions, parties and such like.

          Same as the Amaila Falls Hydro Electro project. Where they gave Makeshwar ‘Fip’ Motilall, US$15.4M for the construction of the Amaila Falls Access Road. He never completed it but get to keep that US$15.4M. This man never build even a driveway anywhere in the world in his life.

          Same as the Marriott Hotel. The Cheddie Jagan Airport Expansion. Where only Chinese workers would be employed and Guyanese PROHIBITED from working. Those two MEGA_DOLLAR_KICK_BACK_DEALS especially, were made in SECRET with the Chinese in another country. We only got to know of it, when it was broadcast in foreign media. All those projects would be funded with the National Treasury, Consolidated Fund, Tax_Payers Revenues.

          The Specialty Hospital, the same situation. MEGA_DOLLAR_KICK_BACK_DEALS, made in SECRET. With Indian Companies for quid_pro_quo as an incentive. jag_De_Ho,_the_the_LYING_ THIEVING_Rat was given “honorary_doctorate_degrees”. At the same, those Indian Company gets several thousand acres of virgin Guyana forest, FREE OF COST, to chop down for HUGE PROFIT.

          THESE MEGA_DOLLAR_KICK_BACK_DEALS. ARE JUST THE ‘TIP OF THE ICEBERG’, SO TO SPEAK. OF THE CROOK, jag_De_Ho,_the_the_LYING_ THIEVING_Rat and his ‘friends’. To make HUGE-WINDFALL_PROFITS by SWINDLING & RAPING the National Treasury, Consolidated Fund, Tax_Payers Revenues.

          Posted by mark | April 18, 2014, 12:50 pm
          • This person is a “ppp_card_carry_member”. Even he’s SPEAKING OUT. At LEAST SOME OF THEM GOT SOME SHAME LEFT. He’s got the following to say about HIS_CORRUPT ppp_government …

            From the Diaspora…Stop this Amalia Falls hydro project now

            AUGUST 11, 2013 | BY KNEWS | FILED UNDER NEWS By Ralph Seeram

            A few years ago the U.S. Government implemented a law forcing banks to disclose to borrowers the true cost of loans they are taking out. It is called The Truth in Lending Act. Banks and mortgage brokers hated this because the borrowers would realize in most cases they will be repaying twice the amount borrowed.
            I did some work as a closing agent for banks, and I can tell you that 90% of the time the mortgage broker never attend the signing of the loan documents. They were embarrassed when I would have to disclose to the borrower how much money that has to be repaid. For instance if you borrow $100,000 for 20 years at 8.5% interest you end up paying $164,000 in interest plus the $100,000 making it a total of $264,000 that you repay. It was the bank’s little secret.
            I mention the above because I was reading various reports on the Amaila Falls Hydro Electro project, and it is my firm belief that this project should come to a “dead halt” NOW. There are quite a few things not right about this project. To be honest there is something “fishy”; this contract has the stench of a fish market and the opposition needs to take a strong stand and bring this project to a halt.
            Not only is it too much money, but the way I see it, Guyanese in the near future will be saddled with a serious debt problem, the likes of which can bankrupt the country. This project is too big to continue with so many unanswered questions.
            One of the main benefits of the PPP losing its majority in Parliament is that most of those secret backdoor contracts are now “seeing the light”. Had the PPP won Parliament it would have rammed these contracts “down the throat of Guyanese taxpayers”. Thank God the opposition can to an extent bring a halt to this.
            Let me state that I am no economist, but I know a thing or two about mortgages and amortization of loans. I even had a mortgage broker licence at one time.
            So let’s look at the financing of the Amaila Falls project, and I am assuming the loans are being amortized. My understanding is the Government is borrowing US$500M. I don’t care about the technicalities and accounting trickery, it is the Amaila Falls Hydro Inc. borrowing and GPL paying that I am concerned about. At the end of the day it is the Guyana Government that is going to GUARANTEE the payment no matter “how you twist and turn it”
            So they are borrowing US$500 million at the outrageous interest rate of 8.5% amortized over 20 years. Do you know how much is the interest to be repaid over 20 years? It’s over US$541 million plus repaying the principal or US$500 million so the repayment will be over a BILLION dollars. By the 15th year, GPL would have repaid the US$500M in interest and still owe US$200M.
            In today’s financial markets 8.5% is really at the high end. Kaieteur News has already showed where loans for similar projects were made at less than half of the 8.5%, some made by the very China Exim Bank.
            The bleeding of the GPL doesn’t stop there. There are the investment returns for Sithe Global. Reports say Sithe Global is going to get a whopping 19% return on its investment of US$157M. Do you know that Sithe Global is going to get its US$157M in less than six years, and if it has to be paid for 20 years, it will have a return of US$453M in interest on its investment of US$157M. Put another way, it will receive a total of over US$600M.
            Now tell me who are the idiots that agree to this type of financing? Maybe they are not idiots; maybe the “goody bag” was passed around and everybody got a “piece of the action”, a piece of the pie.
            Brian Kubeck of Sithe Global really thinks Guyanese are “jackasses” to tell them that the company needs 19% return because it is taking the risks. GPL and the Guyanese taxpayers and electricity consumers are at risk here. They have to repay the loan. Besides, insurers take care of risks.
            Another thing that puzzles me is how come Guyanese have to pay the bulk of the loan and Sithe Global has a 60% share? Why create a middle company, why not the Guyana government or GPL taken the loan directly, making them the majority shareholder, maybe Christopher and Anand can explain this.
            Here is the deal; nobody is against hydroelectricity, even critics of the government. What everyone wants is to ensure Guyanese get the best deal possible. This present contract seems to point in the opposite way. It has been pointed out in this newspaper that the cost per megawatt is twice the average cost.
            The way I see it that overpriced projected cost of US$858 M is going to balloon to twice as much, to over US$1.6 BILLION, and I have not even included associated costs that go with loans like lenders fees and insurance costs. If people think electricity rates will go down, they will have a surprise. GPL will have to fork out nearly US$7M a month to service those loans, not counting other overhead costs.
            It may have missed me, but I have not seen any analysis on projected revenues to cover GPL expenses, service the loans and provide cheap electricity.
            Another smelly aspect of this contract is the supply of labour and materials. Any person with “commonsense” will tell you those bullet points on the subject are vague and are escape clauses rather than enforcement with penalty.
            For instance “use reasonable efforts to use materials produced in Guyana etc.” should have been written, SHALL use materials produced etc. etc; same for hiring Guyanese workers, instead of “use reasonable efforts to hire individuals who are Guyanese etc. etc., it should read ‘SHALL hire individuals who are Guyanese etc. etc. and the list goes on. The nonsense that happened at the Marriott Hotel must not be repeated either at the new Timehri Airport or the Amaila Falls project.
            If the government fails to protect the rights of Guyanese workers I can foresee serious industrial actions from Guyanese workers. I have not even gotten into if those Chinese foreign workers will pay tax and NIS.
            By the way, anybody out there knows if those Chinese workers at the Marriott are paying their NIS and P.A.Y.E. contributions? Just asking. Can someone in Government tell the Guyanese taxpayers?
            This Amaila Falls project is a national project; the success or failure would affect Guyanese if it transcends the PPP, APNU or AFC. It is time for the PPP government to realize that this contract as it stands is not in the best interest of Guyanese. It is time to reexamine the contract and financing, it is time for the PPP government to realize that at this stage it is not about showing the opposition the contract at this late stage, it’s about getting consensus from all the various experts, be it Anand Goolsarran, Christopher Ram, Clive Thomas, Janette Bulkan, ( I know the PPP sees them as critics but they still have a contribution to make) various stakeholders and international experts, to satisfy the taxpayers that they will value for their hard earned money.
            It is time for a truly independent body to review the entire project. If the PPP goes ahead with this project as it is I can foresee serious legal actions to stop the project, the opposition parties would be justified in taking such actions on behalf of the Guyanese taxpayers.

            Ralph Seeram can be reached at email: ralph365@hotmail.com

            Posted by mark | April 18, 2014, 12:51 pm
            • This from another “ppp_card_carry_member”, Mr. Ralph Ramkarran.. Not just an ordinary ppp_member but an EXECUTIVE_CENTRAL COMMITTEE_ppp_MEMBER. From where “the_gang_of_eight_dominates. Whom wants THE CROOK, jag_De_Ho,_the_the_LYING_THIEVING_Rat, for president for a third term.

              This is what he has to say …

              THE KLEPTOCRATIC REPUBLIC OF GUYANA Posted on June 23, 2013 by Ralph Ramkarran

              Since the last elections several revelations have emerged of corrupt, and even potentially criminal, activities by persons currently or previously associated with the PPP and who have friends in the leadership or access thereto. Corruption has become so pervasive that it is no longer possible to keep the evidence away from the Press and the Police. And most important, none of them have come to light as a result of any action initiated by the Government without prior exposure. It is now clear that the adamancy of the Government and the PPP in refusing to acknowledge the level of corruption in the society, and to do something about it, is linked to where the corruption is located. It is not known whether Government spokespersons are still so blind about corruption that they are still asking, where is the evidence? Guyana will soon qualify as The Kleptocratic Republic of Guyana.

              An important clarification needs to be made. There are thousands of public servants, businessmen, contractors and others who perform services of a high quality with dedication and integrity. In any discussion on the issue of corruption they must always be acknowledged.

              When the PPP came to office in 1992 Cheddi Jagan perceptively suggested the creation of Community Development Committees (CDC). Party Groups and District Committees were given the task of establishing these but they were to comprise members of the community and their initial functions involved the monitoring of contracts as an exercise in popular democracy. They were to be given copies of contracts so that the works could be measured and approved and not left to engineers alone. A Government agency was established to assist the establishment of these CDCs and to ensure that they function. After 1997 the State’s interest in the CDCs began to wane and eventually withered.

              Even though the intention was not clearly articulated at the time, the CDCs would have assisted in the transformation of the functioning of Party Groups and Bodies whose roles had to be reassessed in view of the collapse of socialism and the attainment of office by the Party. At the same time Cheddi Jagan must have understood the great danger of the emergence of corruption which he had been fighting vehemently during the PNC years. At the same time, the focus of Party Groups needed to be shifted to development and service issues so as to keep their activities relevant to the new situation. All of that has now collapsed in the scramble which was allowed to develop for jobs, gun licences, house lots and contracts.

              It is not known what percentage of roads, bridges, buildings and other infrastructure works are badly done. The complaints are plentiful. And it is not merely that the contractors are dishonest. They tell you openly that if they have to bribe so many officials, then there is not enough to spend on the works to complete them in accordance with the contracts and to make a profit for themselves at the same time. Of course, they willingly collaborate with this state of affairs. This situation is a direct result of the failure of the PPP build on the work of Cheddi Jagan and to deal with corruption. Many of these contractors, businessmen and suppliers of goods and services have close links with the PPP, including members of the leadership.

              The other group consists of bureaucrats. Lest some of these protest that they are being unfairly maligned, the range of bureaucrats is not listed here. Many bureaucrats are dedicated and honest. But many others are corrupt. These bureaucrats are usually in charge of funds, contracts, supplies and they easily maneouvre around the regulations to enable them to perpetrate their corrupt deeds. They utilize their positions to manipulate contracts so that the rewards go to them directly or through surrogates. They establish companies with their friends or relatives and steer the contracts to these companies. This is a well known practice that is widely engaged in. They also have friends in the Party leadership or access thereto.

              Above all of these is a group of wealthy and influential businessmen who have high political connections. They meet regularly to examine business opportunities and potential deals and map out strategies as to how their plans can go forward, and implement those plans. They have access, through their political connections, to information of the potential opportunities that are likely to emerge in the near to medium term and are in a position to make the investments now so as to cash in on those opportunities down the road.

              The PPP leadership is supported and financed by all of these groups and state decisions are influenced by their interests. The PPP is no longer motivated by working class ideology although it still clings to its historical connections. The reason why the Public Procurement Commission, a vital instrument in the struggle against corruption, will never be established is that the PPP is a political organization that now represents a section of the petit bourgeoisie, those three parts of which are described above, whose interests are antagonistic to those of the working class and conflict with acceptable standards of integrity.

              Posted by mark | April 18, 2014, 12:52 pm
  47. Ed Ahmad land deal…Investigate all state assets sold by NICIL under Jagdeo’s presidency – AFC

    APRIL 20, 2014 | BY KNEWS | FILED UNDER NEWS

    “No one doubts that in the Bharrat Jagdeo terms, the patrimony of our state has been hived off to friends and cronies in an unparalleled frenzy of nepotism and favoritism.”
    A Parliamentary Opposition party is urging Government to swiftly convene a Commission of Inquiry (COI) by natural resources experts to investigate the distribution of state lands, spectrum use and frequency access, and lease of forestry/mineral concessions in Guyana under successive post-Jagan regimes.
    Edul Ahmad
    Edul Ahmad
    This is according to Vice Chairman of the Alliance for Change (AFC), Moses Nagamootoo, who in a brief interview with this publication made the call and said that an investigation must firstly produce an inventory of state assets transferred to National Industrial and Commercial Investments Limited (NICIL) along with the proceeds received from their sale.
    When President Donald Ramotar came to office in 2011 he promised full disclosure on the deals but the document which was prepared by NICIL’s Executive Director, Winston Brassington, had been criticized by many experts as designed to disguise the transactions made by NICIL.
    According to Nagamootoo, “No one doubts that in the Bharrat Jagdeo terms, the patrimony of our state has been hived off to friends and cronies in an unparalleled frenzy of nepotism and favoritism.”
    Nagamootoo said that NICIL cannot easily wash its hands of these deals and the Leonora scheme is just one questionable transaction.
    The Leonora deal referenced by Nagamootoo, involves land purchased by Jagdeo’s close associate who has been indicted in the US over financial crimes.
    Edul Ahmad, the foreign-based businessman bought over 16 acres of prime land from the Guyana Sugar Corporation (GuySuCo) through NICIL.
    It is reported that Ahmad now stands to make profits of over $600M when he converts the property for which he paid a mere $80M, to a housing scheme, inclusive of a shopping mall, full gas and service station and facilities to house two banks.
    According to Nagamootoo, “Sugar workers have not been allowed to indicate an interest to either buy the lands on which the sweat and blood of their parents have been buried with their bones, or to cultivate through peasant cane farming cooperatives.”
    Nagamootoo insists that Government must produce a comprehensive land use policy after wide consultation, so that lands allocated for industrial development are not converted into exclusive housing schemes in ad hoc deals.
    Bharrat Jagdeo
    “We need a working democracy not an opportunistic ad hocracy…I feel that the hammer ought not fall on the head of Ed Ahmad but on NICIL and GuySuCo for yet another sell out scandal.”
    Following reportage on the questionable land deal with Ed Ahmad, NICIL denied any knowledge that the portion of the land sold to New York-based Guyanese Edul Ahmad is being converted into house lots.
    NICIL claims that it only acted as an agent when the transaction was done between Ahmad and GuySuCo and according to the agreement, the land at Plantation Groenveldt on the West Coast of Demerara could be converted to a shopping mall once the wood processing plant is the first structure on the property.
    NICIL said that GuySuCo entered into a Restrictive Covenant as set out in the terms and conditions of the sale, published in the Vesting Order, effecting the transfer of title, that “the property shall not be used for any other purpose other than for the construction and operation of a wood processing facility with the option of future development in manufacturing, industrial and commercial activities including the construction and operation of a shopping mall, providing that the construction of the wood processing facility is commenced first” and that construction of the wood processing facility commences within one year of the agreement.
    NICIL also defended the selling price that GuySuCo’s land was subjected to two prior bids when in 2003, the highest valid bid amounted to $30M and in 2004, no bids were received for the property.
    NICIL and Brassington, over the years under the Bharrat Jagdeo tenure, has come in for intense criticism and calls for investigation over some of the deals it has made.
    On such gained widespread notoriety that was called the “deal that stinks to high heavens,” is that involving Jagdeo’s best friend Dr. Ranjisinghi ‘Bobby’ Ramroop when NICIL sold his company Queens Atlantic Investment Inc (QAII), the Sanata Complex.
    Brassington, Jagdeo and Dr. Ramroop had also come under intense scrutiny over the sale of the Guyana Pharmaceutical Company along with the Government’s subsequent drug purchasing policy after the deal.
    Moses Nagamootoo
    Ahmad is also no stranger to negative publicity. He was charged by US Federal authorities for his involvement in a massive fraud scheme and in 2012, he entered a plea deal with US agents, and was found guilty of knowingly and intentionally conspiring to defraud several lending institutions over a 15-year period.

    Posted by mark | April 20, 2014, 8:04 am

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NEW BUILDING SOCIETY GUYANA NEEDS AN IN DEPTH FORENSIC AUDIT & INVESTIGATION

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